Gold Spot / U.S. Dollar
Short
Updated

XAU ! Nov 21 ! waiting for resistance 2674

249
XAU / USD trend forecast November 21, 2024

Gold prices (XAU/USD) hold onto their upward momentum as the European session approaches, currently hovering near the $2,660 mark, a one-and-a-half-week high reached earlier this Thursday. This marks the fourth consecutive day of gains, driven by heightened geopolitical risks arising from the escalating Russia-Ukraine conflict, which supports demand for the safe-haven metal. Additionally, a slight weakening of the US Dollar (USD) provides further support for the commodity.

The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. The price increase continues - gold price recovers strongly. Waiting for reaction at resistance levels: 2674 - 2682 - 2710. World military tension will ease from next year with more peaceful policies of President Trump.

/// SELL XAU : zone 2672-2675

SL: 2680

TP: 50 - 150 - 300pips (2645)



Safe and profitable trading
Trade active
+ 35 pips, signal SELL 2672-2675 , great
Trade closed: target reached
+ 120 pips , amazing signal SELL 2672-2675 , nice

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